Bitcoin’s Average True Range, a proxy for measuring asset price volatility, has fallen to its lowest point since July 2020; crypto prices continued their 2022 nostalgia tour Wednesday, holding at mid December levels. JPRubin23 and GWilliamsJr_CMT write
By James Rubin
BTC was recently trading at about $16,850, flat over the last 24 hours as investors mulled early 2023 economic indicators that seemed at odds and ongoing U.S. central bank resolve to raise interest rates for at least the first part of 2023. Ether followed a similar pattern to trade at just above $1,200, its perch on Wednesday, same time. Other major cryptos also spent much of Wednesday hovering within their most recent ranges., an index measuring cryptos' performance, recently inched down 0.
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